For More Information Contact: Andrew Cohen | 310.402.0211 | acohen@pegasusinvestments.com

1730 Briargate BoulevardC o l o r a d o S p r i n g s , C o l o r a d o

- R e t a i l S p a c e F o r L e a s e -

For More Information Contact: Andrew Cohen | 310.402.0211 | acohen@pegasusinvestments.com

Leasing Agent Content3The Space

6The Market Area

7The Location

Andrew CohenSenior Associate - Leasingacohen@pegasusinvestments.comD 310.402.0211LIC # 01996379 (CA)

Adam SlutzkyBroker of RecordLIC # IR.100031988 (CO)

3For More Information Contact: Andrew Cohen | 310.402.0211 | acohen@pegasusinvestments.com

Address SF Type Rate/SF Term

1730 Briargate BoulevardColorado Springs, CO 82,449 Retail Negotiable Negotiable

The Space

Space Available For Lease

Site Plan

Below Grade196’ x 212’

Ground Level196’ x 212’

20’ Clear to Bottom of Roof Deck Joists15’3” to Underside of Ground Floor StructureMeasurements to be confirmed by tenant contractor. Measurements to be confirmed by tenant contractor.

Pegasus4

Property Highlights• Ample parking via easement with Chapel Hills Mall

• Traffic counts of approximately 51,000 ADT at Academy Blvd and Briargate Blvd intersection and approximately 91,000 ADT on I-25 south of Briargate Parkway

• Space for lease features an enclosed loading dock

• Chapel Hills Mall purchased in April 2018 by Namdar Realty with plans to add value to the property along with new traffic-drawing tenants

• Immediate access to I-25, connecting Colorado Springs with Denver, 60 miles north

• Within minutes of the U.S. Air Force Academy as well as UCHealth Memorial Hospital North

Address 1730 Briargate BoulevardColorado Springs, CO 80920

Assessor’s Parcel Number (APN) 63051-01-007

Zoning PBC (Planned Business Center)

Gross Leasable Area ± 82,449 SF

Ceiling Height Clearances Top Floor (On Grade) - 20’0”Bottom Floor (Below Grade) - 15’3”

Lot Size ± 6.17 Acres (268,765 SF)

Year Built / Renovated 1984 / 2006

Frontage 303’

Building & Site Profile

Delivery Negotiable

Availability Q1 2020 or Sooner

5For More Information Contact: Andrew Cohen | 310.402.0211 | acohen@pegasusinvestments.com

Location Highlights• Colorado Springs is the fastest growing city for millennials in the

country per the Brookings Institution

• Colorado Springs is the 2nd best place to live in the US per US News & World Report

• According to watchdog.org, Colorado Springs is set to overtake Denver as Colorado’s largest city in the next 15 years

• Colorado Springs named one of the nation’s “Top 20 Tech Towns” due to its job opportunities for IT workers in addition to its desirable quality of life, according to a study by the Computing Technology Industry Association

• Housing prices have jumped 44% in the past 5 years in Colorado Springs where the real estate market is second most active in the country, according to Attom Data Solutions

Chapel Hills Mall Chapel Hills East

Chapel Hills Marketplace West

Grand River by Cortland

Plaza at Chapel Hills

Subject

Kelly Johnson Boulevard

North Academy Boulevard

Hotel Developments

2018 Est. AverageHousehold Income

$84,2841-Mile

$102,1323-Mile

$96,8115-Mile

Pegasus6

Colorado Springs, ColoradoLocated in the east central region of the state of Colorado, Colorado Springs is the state’s largest city by area and second most populous city. The city is a mere hour drive away from Denver, at the base of Pikes Peak, one of the most famous American mountains at the eastern edge of the southern Rocky Mountains. This Pikes Peak region city is also known as Olympic City USA, as it is home to the United States Olympic Committee Headquarters, the Colorado Springs U.S. Olympic Training Center, and more than 20 National Olympic Governing Bodies. Each year, more than 10,000 athletes train at the U.S. Olympic Training Center and more than 130,000 people tour the center. Amidst the boom in Colorado Springs’ construction projects, the U.S. Olympic Museum & Hall of Fame is currently under development and is anticipated to open in 2019 near downtown.

In addition to the rise in commercial development projects, the appearance of new residential developments alongside quality schools, parks and cultural attractions has been prevalent as developers respond to the increasing population. Colorado Spring’s has drawn a substantial young population comprised of students, professionals and military personnel to the area, earning it recognition as the nation’s fastest growing city for millennials.

The Market Area

#2 in U.S. News & World Report’s125 Best Places toLive in the U.S.

7For More Information Contact: Andrew Cohen | 310.402.0211 | acohen@pegasusinvestments.com

The Briargate area of Colorado Springs is located at the end of the Powers corridor where I-25 and Highway 83 meet in the northern part of the city. One of the most popular areas in the region, Briargate is home to a wide range of amenities from large shopping malls, such as the Chapel Hills Mall and The Promenade Shops at Briargate, and the popular Briargate YMCA.

This area has an abundance of housing that appeals to a wide range of people for shopping and restaurants are plentiful. Homes tend to be in larger developed neighborhoods such as Pine Creek, Wolf Ranch, Gatehouse Village, Windjammer and Cordera, one of the newer developments in Briargate. Additionally, recent years have shown a rise in condominium, apartment and townhouse developments in this area.

The Briargate Neighborhood

The available space is located within the 1.2M SF Chapel Hills Mall, a super-regional mall that is anchored by Dillard’s, Macy’s, Dick’s Sporting Goods, and a AMC movie theater. One of two enclosed, multi-level shopping centers in Colorado Springs, Chapel Hills features a collection of 100 specialty stores, boutiques, restaurants and eateries. National retailers at the center include H&M, Bath & Body Works, Maurice’s and Victoria’s Secret.

Chapel Hills Mall

The Location

Pegasus8

Chapel Hills Mall Chapel Hills East

Chapel Hills Marketplace West

Subject

Just across the street from Chapel Hills Mall, and consequently, the subject property, The Glen at Briargate is a newly renovated apartment community. Residents enjoy the community’s central location in the heart of restaurants, entertainment, shopping, along with easy access to highways and public transportation. Each apartment at The Glen at Briargate features abundant living space and views of picturesque Colorado. Community amenities include a pool and spa, fitness room, business center, tennis court, playground, and basketball court.

The Glen at BriargatePopulation 1-Mile 3-Mile 5-Mile

2018 Estimate 6,774 75,675 184,394

Growth 2010 - 2018 7.93% 7.20% 7.79%

Households 1-Mile 3-Mile 5-Mile

2018 Estimate 2,813 28,741 70,706

Growth 2010 - 2018 7.86% 7.24% 7.78%

Income 1-Mile 3-Mile 5-Mile

2018 Est. Average Household Income $84,284 $102,132 $96,811

Property Demographics

Grand River by Cortland is a mountain-inspired community on Burns Road about 1 mile from the subject. Bringing high-end comfort and western hospitality together in one convenient location, Grand River by Cortland offers one, two, and three-bedroom apartments alongside resort-style community amenities, which include a sparkling pool with spacious sundeck, business center with high speed internet, fitness center and community clubhouse.

Grand River by Cortland

Second most

active real

estate market in U.S.

For More Information Contact: Andrew Cohen | 310.402.0211 | acohen@pegasusinvestments.com

CONFIDENTIALITY & DISCLAIMER STATEMENTThe information contained in this Leasing Package is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Pegasus Investments and should not be made available to any other person or entity without the written consent of Pegasus Investments. This Leasing Package has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property.

The information contained herein is not a substitute for a thorough due diligence investigation. Pegasus Investments has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition of the business prospects of any tenants, or any tenant’s plans or intentions to continue its occupancy of the subject property.

The information contained in this Leasing Package has been obtained from sources we believe to be reliable; however, Pegasus Investments has not verified, and will not verify, any of the information contained herein, nor has Pegasus Investments conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. Some or all of the photographs contained within may have been altered from their original format. All potential buyers must take appropriate measures to verify all of the information set forth herein.

Leasing Agent

Andrew CohenSenior Associate - Leasing

acohen@pegasusinvestments.comD 310.402.0211

LIC # 01996379 (CA)

1730 Briargate BoulevardC o l o r a d o S p r i n g s , C o l o r a d o

- R e t a i l S p a c e F o r L e a s e -

Adam SlutzkyBroker of Record

LIC # IR.100031988 (CO)

Pegasus

ABOUT PEGASUSPegasus is a boutique commercial real estate investment and advisory firm based in Los Angeles, California. Specializing in retail shopping centers, single tenant net leased and multifamily properties throughout the United States, Pegasus has consistently delivered on its 30 year reputation of providing high quality, white glove service throughout all stages of the investment sales process. Pegasus provides its clients, which include high net worth private investors, family trusts, private & public REITs, local and regional developers and syndicators with advisory services encompassing underwriting, market research, investment sales and asset management. Pegasus continues to set the bar for high quality, boutique investment sales brokerage and advisory by relying on its industry-leading talent which include experienced institutional and private sector investors.

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